<p>New Delhi: Hyundai Motor India Ltd on Thursday said it will increase prices of its vehicles across model range by up to Rs 25,000 from January 1, 2025.</p>.<p>The price increase has been necessitated owing to an increase in input costs, adverse exchange rate and increase in logistics costs, Hyundai Motor India Ltd (HMIL) said in a statement.</p>.<p>"... with the sustained increase in input cost, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment," HMIL Whole-time Director and Chief Operating Officer Tarun Garg said.</p>.<p>This price increase will be done across models and the extent of increase will be up to Rs 25000, he added.</p>.Hyundai to invest $7 million to conduct battery-related research.<p>The price increase will impact all the 2025 models.</p>.<p>Garg said the company has always endeavored to "absorb rising costs to the extent possible, ensuring minimal impact on our customers".</p>.<p>At present HMIL sells a range of vehicles priced between Rs 5.92 lakh for Grand i10 NIOS and Rs 46.05 lakh for the electric vehicle IONIQ 5.</p>
<p>New Delhi: Hyundai Motor India Ltd on Thursday said it will increase prices of its vehicles across model range by up to Rs 25,000 from January 1, 2025.</p>.<p>The price increase has been necessitated owing to an increase in input costs, adverse exchange rate and increase in logistics costs, Hyundai Motor India Ltd (HMIL) said in a statement.</p>.<p>"... with the sustained increase in input cost, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment," HMIL Whole-time Director and Chief Operating Officer Tarun Garg said.</p>.<p>This price increase will be done across models and the extent of increase will be up to Rs 25000, he added.</p>.Hyundai to invest $7 million to conduct battery-related research.<p>The price increase will impact all the 2025 models.</p>.<p>Garg said the company has always endeavored to "absorb rising costs to the extent possible, ensuring minimal impact on our customers".</p>.<p>At present HMIL sells a range of vehicles priced between Rs 5.92 lakh for Grand i10 NIOS and Rs 46.05 lakh for the electric vehicle IONIQ 5.</p>